We assign a technical rating of 5 out of 10 to RFAP. RFAP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
RFAP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 58.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.20, a Stop Loss order could be placed below this zone.
More info and screens
55.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 57.78 to 58.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.25 to 56.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.50 to 59.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RFAP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RFAP is neutral. |
| ChartMill Relative Strength | 57.51 | NEUTRAL | RFAP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RFAP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RFAP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RFAP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.75 | NEUTRAL | The RSI value for RFAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RFAP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.2 | NEUTRAL | The Stochastics value for RFAP is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for RFAP suggests low volalility. |
Riverfront Dyn Asia Pacific ETF FT
NASDAQ:RFAP (8/25/2021, 8:57:45 PM)
58.3619
+0.76 (+1.32%)
Riverfront Dyn Asia Pacific ETF FT / RFAP FAQ
What is the ChartMill technical rating of Riverfront Dyn Asia Pacific ETF FT (RFAP) stock?
ChartMill assigns a technical rating of 5 / 10 to RFAP.
Can you provide the trend direction for Riverfront Dyn Asia Pacific ETF FT?
The current trend direction for Riverfront Dyn Asia Pacific ETF FT (RFAP) is Bullish.
What is the RSI signal for RFAP stock?
Riverfront Dyn Asia Pacific ETF FT (RFAP) has an RSI value of 52.7508. This indicates that the stock is currently neutral.
What is the MACD signal for Riverfront Dyn Asia Pacific ETF FT (RFAP) stock?
The MACD indicator for Riverfront Dyn Asia Pacific ETF FT (RFAP) has a value of -0.0423129, indicating a bearish trend.
Can you provide the support and resistance levels for Riverfront Dyn Asia Pacific ETF FT?
Riverfront Dyn Asia Pacific ETF FT (RFAP) has a support level at 58.2 and a resistance level at 58.5. Check the full technical report for our detailed analysis of RFAP support and resistance levels.